GM to launch 6 new cars; invest $100 mn in Gujarat

GM to launch 6 new cars; invest $100 mn in Gujarat

General Motors India said on Wednesday it would launch six new cars in India in the next two years, while also stating that it will invest $100 million (about Rs 450 crore) to increase production capacity at its Halol plant in Gujarat.

The company, which plans to launch three light commercial vehicles from the stable of its Chinese partner Shanghai Automotive Industry Corporation during the same time period, also said it has lined up to introduce 14 new variants of its existing car models.

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Image: A Chevrolet Volt electric vehicle sits plugged into a charging station in front of GM's headquarter.Photographs: Rebecca Cook/Reuters

GM to launch 6 new cars; invest $100 mn in Gujarat

"In the next 24 months, we will launch six mew models of passenger cars and 14 new versions (of existing models)," General Motors India president and managing director Karl Slym said on the sidelines of the 5th Global Summit of Vibrant Gujarat in Ahmedabad.

He said the company plans to enter the light commercial vehicles segment in India and three models have been lined up, which will be rolled out from the company's plant at Halol.